Roblin Credit Union Limited
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ACCOUNT SERVICES

Regular Chequing
Premium Plus
Flat Fee Chequing Account
U.S. Premium Plus Chequing
Golden Account
Organization - Non Profit
Youth Accounts Fat Cat Account
Headstart Account
Graduate Account
Plan 24 - Daily Savings
Special Savings
Plus 24 - Investment Savings
Guaranteed Investment Certificates (GIC's)
Rate Hiker GIC's
Tax-Free Savings Account
Registered Retirement Savings (RRSP)
Vari-Flex
Registered Retirement Income Fund (RRIF)
LIRA (Locked-In Retirement Account)
LIF (Life Income Fund)
Telephone Banking
Member Direct
MemberCard
Night Depository
Surplus Shares

Regular Chequing
Our basic pay-as-you-go account, ideal for infrequent cheque writers.

Account features:

  1. Available for personal, agricultural and commercial accounts

  2. No charge for Canadian Credit Union ATM transactions

  3. No charge telephone banking and internet banking including FREE telpay bill payments

  4. FREE Certified Financial Planning

  5. Descriptive monthly statement and imaged cheques provided at no charge


Premium Plus
Our Premium Plus account provides a combination of chequing and savings all in one package. No more worries of having to transfer funds back and forth between accounts as the need arises.

Account features:

  1. Available for personal, agricultural & commercial

  2. Interest is calculated on the closing daily balance and on the entire balance in the account

  3. Interest rates increase as the balance of the account increases

  4. No service charges when the balance of the account exceeds the minimum


Flat Fee Chequing Account
Great for members who prefer one monthly fee, who write a lot of cheques and use Interac often. No minimum monthly balance required.

Account features:

  1. Available for personal, agricultural and commercial accounts

  2. Unlimited transactions including cheques, debits, Interac direct payment and Canadian Credit Union ATM transactions

  3. No charge telephone banking and internet banking including FREE telpay bill payments

  4. FREE Certified Financial Planning

  5. FREE money orders, travelers cheques, certified cheques and utility bills

  6. Descriptive monthly statment and imaged cheques included in the package


U.S. Premium Plus Chequing
With a US dollar chequing account there is no need to convert US cheques to cash, simply deposit to your US account. With a US dollar chequing account you can convert currency when it is most favorable for you.

Account features:

  1. Interest rate increases as balance increases

  2. FREE cash withdrawals and deposits

  3. NO statement or maintenance fee


Golden Account
Members age 60 and older.

Account features:

  1. Unlimited FREE chequing transactions including cheques, Interac direct payments and ATM withdrawals

  2. FREE certified cheques, money orders, travelers cheques

  3. FREE bill payments

  4. NO statement or maintenance fees

  5. FREE Certified Financial Planning


Organization - Non Profit

Account features:

  1. Unlimited FREE chequing transactions including cheques and pre-authorized payments

  2. NO statement or maintenance fees.


Youth Accounts Fat Cat Account
A fantastic, fun way to introduce children to the concept of money management For ages 0-12 years.

Account features:

  1. Plan 24 Savings Account, 0.25% higher than
    regular Plan 24

  2. GIC’s (1-5 year term), minimum deposit of $300

  3. We will pay $5 towards the member share on 10th birthday.

  4. Opening account gift

  5. Birthday cards


Headstart Account
A faster, easier and more exciting way for youth to get a head start on managing money efficiently. For ages 13-18 years.

Account features:

  1. Plan 24 Savings Account, 0.25% higher than regular Plan 24

  2. Combination Savings/Chequing account

    a. All-in-one chequing at a rate 0.25% higher than regular Plan 24

    b. Ten (10) free cheques per month and $0.15 per cheque thereafter

    c. Explain how to use a chequing account (record keeper, statement reconciliation)


  3. Member Card

    a. Parent/Guardian signature required for debit card

    b. No service charges


  4. GIC’s (1-5 year), minimum deposit of $300

  5. FREE Travelers cheques, Money Orders, Certified Cheques

  6. Opening account gift

  7. First car loan (O.A.C.)

    a. We will offer a rate of 1% less than the equivalent consumer rate

    b. Co-signature of parent/guardian who qualifies for the loan in their own name

    c. Student has a source of income sufficient to meet the loan payments



Graduate Account
Designed for students between 19 and 24. Lower your banking costs, so you can save for school.

Account features:

  1. Proof of post-secondary enrollment required

  2. Graduate chequing or P24

  3. FREE first order of personalized cheques

  4. FREE transactions including cheques, Interac direct payment and CU ATM transactions

  5. FREE Telephone Banking and Internet Banking, including FREE TelPay Bill payments

  6. Monthly statement

  7. FREE Certified Financial Planning

  8. Student Mastercard available, on approved credit

  9. Financial assistance for post secondary education for up to four years, on approved credit

  10. First car loan (O.A.C.)

    a. We will offer a rate of 1% less than the equivalent consumer rate

    b. Co-signature of parent/guardian who qualifies for the loan in their own name

    c. Student has a source of income sufficient to meet the loan payments



Plan 24 - Daily Savings
Don't lose another days interest. With a Plan 24 account your money grows daily. A great place to put some money that isn't needed for the moment.

Account features:

  1. Interest is calculated on the closing daily balance and paid monthly

  2. Descriptive monthly statement provided at no charge


Special Savings
A longer term savings plan that pays a higher rate of interest than the Plan 24 account.

Account features:

  1. Interest is calculated on the minimum monthly balance and paid annually in December

  2. Descriptive monthly statement provided at no charge for those months when account activity takes place


Plus 24 - Investment Savings
A savings plan with flexible access and a great rate!! For members who don't want to lock their funds in GICs but want a higher yield.

Minimum balance of $5,000 required.

Account features:

  1. Interest calculated on the closing daily balance and paid monthly.

  2. Designed for ATM, cu@home, and telephone banking; not for debit card use.


Guaranteed Investment Certificates (GIC's)
Watch your investments grow with the safety and security of a GIC. Various term lengths available to suit your needs from months to years. Best of all the rate is guaranteed so that you know in advance what your investment will be worth at maturity.

Account features:

  1. Competitive rates and fully guaranteed.

  2. Investment options from 30 days to 5 years.

  3. Term information and activity is recorded on a descriptive monthly statement along with your other accounts.


Rate Hiker GIC's
Rate Hiker offers you the ability to boost your interest if rates rise and it protects you should the rates fall. Rate Hiker gives you peak RRSP performance.

Account features:

  1. Available for registered and non-registered investments.

  2. Available in a 3, 4 or 5 year non-redeemable term.

  3. An option exists to select an interest rate that is equivalent to the remaining term of the deposit. This option may be exercised twice at any time during the term.

  4. Interest is calculated on the daily closing balance and is paid December 31st of each year and on the maturity date.


Tax-Free Savings Account
To provide a savings vehicle for individuals to earn tax-free investment income.

Account features:

  1. Available to Canadian residents age 18 and older.

  2. Contributions will not be tax deductible.

  3. Contributions may only be made by the owner.

  4. Income earned and capital gains under a Tax-Free Savings Account will be tax sheltered.

  5. Withdrawal of contributions and/or income will not be subject to tax.

  6. Maximum contribution room each year is $5,000.

  7. Unused contribution room accumulates each year and will be reported on the annual CRA Notice of Assessment.


Registered Retirement Savings (RRSP)
Plan today for tomorrow. A Roblin Credit Union RRSP allows you to establish some security for your financial future. Not only do you establish a nest egg for retirement but you also take advantage of tax refunds!!

Account features:

  1. Various plans and options available.

  2. No fees.

  3. Competitive rates and investment terms.

  4. Automatic transfers can be set up on flexible terms to meet your needs.

  5. RRSP's are displayed on your monthly statement along with your other accounts.


Vari-Flex
An easy and affordable way to save for retirement.

Account features:


Registered Retirement Income Fund (RRIF)
After age 69 you are required to collapse your RRSP's. One way to maintain control of your funds and reduce taxation is a RRIF. Many plans and options are available to suit your retirement needs.

Account features:

  1. No fees.

  2. Many payment options available from monthly to annually.

  3. Competitive rates and investment options.

  4. RRIF activity is recorded on your descriptive monthly statement along with your other accounts.


LIRA (Locked-In Retirement Account)
A LIRA represents restricted funds that have been transferred from a Pension Fund to an RRSP.

Account features:

  1. Available as variable rate or fixed rate deposits, just like RRSP's.

  2. Can only be withdrawn by conversion to a LIF or purchase annuity.


LIF (Life Income Fund)
A LIF is the same as a RRIF with an additional restriction - there are minimum and maximum limits on the funds that can be withdrawn annually.

Account features:

  1. Available in both variable and fixed rate options, just like the RRIF account.


Telephone Banking
Pay bills, review statement items, get current account balances and transfer funds all by phone.

Account features:


Member Direct
Internet banking that allows members to transfer funds between multiple accounts, view statement items and pay bills at their convenience.

Account features:


MemberCard
Debit card that allows you access to your account to withdraw, deposit, make payments at an ATM or make a purchase at any point of sale terminal. Roblin Credit Union members using any Credit Union ATM pay no service charges.

Account features:


Night Depository
Night deposit service is available for deposit after regular office hours.

Account features:

  1. Make deposits outside regular office hours.

  2. Deposits credited to account on next business day.

  3. Annual rental fee.


Surplus Shares
Share the wealth and prosperity of Roblin Credit Union. Patronage refunds are paid to members based on the amount of business done with the credit union. This includes all interest paid on loans, mortgages and lines of credit as well as interest earned on investments such as savings, term deposits and RRSP's.

Account features:

  1. Surplus shares receive dividends each year as declared by the Board of Directors.

  2. Surplus shares are non redeemable except in case of members attaining the age of 65, closing their accounts or becoming deceased.

  3. Surplus share balances exceeding $2,500 will be paid out in cash if approved by the Board of Directors.



Building a Future with You